Mixed-Use Retail and Office
For Sale
Contact for pricing
572 Newark Ave, Jersey City, NJ 07306
Three-story mixed-use building with retail and office space, prominently located across from the Hudson County Courthouse.
Property Size13,000 SF
Price / SF$230.77
Days on Market158
Property Features for 572 Newark Ave
General Information
Standard status
Active
Size
13,000 SF
Property subtype
OFFICE
Building Details
Stories
3
Listing Agency:
Cervelli Real Estate & Property Management
(551) 200-3787
Listed By:
Gary Baez · License #1434899
(551) 200-3787
Source:
Moodyscre
Added: Feb 23
Changed: Jul 25
Last Checked: Jul 25 at 1:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cervelli Real Estate & Property Management
Investment Insights
Based on property information with market context.
This three-story, 13,000 SF mixed-use property includes retail and office space within a single building. It is structured to support both street-facing retail activity and office use on upper levels.
The property is prominently located across from the Hudson County Courthouse, providing convenient access and high day-to-day visibility for tenants and customers.
For sale as a mixed-use asset, it offers an investor a stable income profile and also suits an owner-user looking to combine retail and office space in one location.
The property is prominently located across from the Hudson County Courthouse, providing convenient access and high day-to-day visibility for tenants and customers.
For sale as a mixed-use asset, it offers an investor a stable income profile and also suits an owner-user looking to combine retail and office space in one location.
Key Highlights
- Three‑story, 13,000 SF mixed‑use property with retail and office space
- Prominently located across from the Hudson County Courthouse
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $382.2k | $29.40 |
| − Vacancy | −$35.2k | −$2.70 |
| EGI | $347.0k | $26.70 |
| − OpEx | −$130.1k | −$10.01 |
| NOI | $216.9k | $16.68 |
13,000 SF · lease $29.40/SF/yr · vacancy 9.20% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$3.10M
$2.71M – $3.61M
NOI $216,899 @ 7.0% cap · market cap 7.23%
Second Best
Retail
$3.07M
$2.69M – $3.58M
NOI $214,824 @ 7.0% cap · market cap 7.16%
Theoretical Best
Multifamily LT 5
$4.21M
$3.69M – $4.92M
NOI $295,037 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,178
Businesses Nearby
Explore this area
Business Placement
Demographics for 07306, NJ
55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value
Market
Properties on Market for Mixed-use properties in Jersey City
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story mixed-use building with retail and office space, prominently located across from the Hudson County Courthouse.
Where is this mixed-use property located?
The property is located at 572 Newark Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Three‑story, 13,000 SF mixed‑use property with retail and office space; Prominently located across from the Hudson County Courthouse
